The platinum package is perfect for first time sellers with a business value of over $250k. You retain control of the sale process and negotiations. And we help as an advisor with:
Prepare your business for sale: Ensure your business is in optimal condition before listing it for sale. Let you know what necessary documentation you will need to organise such as financial statements, tax returns, contracts, and leases.
Determine the sale price: Conduct a thorough valuation of your business to determine its fair market value. Consider factors such as financial performance, assets, market comparables, growth potential, and industry trends.
Develop marketing materials: Write a detailed listing with custom photos to help make your business stand out as a promoted listing on our site. The listing will be written by Kylie, our expert advisor, to highlight key details about your business, such as its history, financials, assets, operations, customer base, competition, and growth prospects.
Market your business: Promote your business to our network of 64,000 registered buyers, specifically to buyers looking for businesses in your industry. Enquiries will get emailed through to your email for you to look over.
Screen and qualify buyers: When potential buyers express interest, screen them to ensure they are serious and have the financial capacity to acquire your business. Request buyers to sign a confidentiality agreement before providing them with detailed information about your business.
Conduct negotiations: Engage in negotiations with interested buyers to discuss the terms of the sale. Negotiate the sale price, payment terms, transition period, and any other specific conditions. We can help as an advisor during the negotiation process.
Due diligence process: Buyers will conduct a due diligence process to verify the information you've provided and assess the risks and opportunities associated with your business. Be transparent and provide access to financial records, contracts, customer lists, and other relevant information. Address any concerns or questions they may have during this stage.
Finalise the sale: Once both parties are satisfied with the due diligence process and negotiations, proceed to finalise the sale. We can recommend legal professionals experienced in business sales to draft a binding sale agreement that protects your interests under Australian law. Ensure all necessary legal documents are completed, including the transfer of ownership and any required licences or permits.
Transition and handover: Assist the buyer with the transition process by providing necessary training, introducing key stakeholders, and sharing operational knowledge. Ensure a smooth handover of assets, customer relationships, supplier contracts, and any other critical aspects of the business.
We can help take some of the hassle out of selling your business by providing a 1on1 advisor for you throughout your sale process, so you can move on to your next adventure.